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China Construction Bank ( (HK:0939) ) has shared an update.
China Construction Bank has successfully completed the issuance of RMB Ordinary Shares (A Shares) to specific targets, raising a total of RMB105 billion. This strategic move, approved by relevant regulatory authorities, is expected to strengthen the bank’s capital base and enhance its financial stability, potentially impacting its competitive positioning in the banking sector.
The most recent analyst rating on (HK:0939) stock is a Buy with a HK$6.50 price target. To see the full list of analyst forecasts on China Construction Bank stock, see the HK:0939 Stock Forecast page.
More about China Construction Bank
China Construction Bank is a major financial institution in the People’s Republic of China, operating in the banking industry. It provides a wide range of financial services including corporate banking, personal banking, and treasury operations, with a strong market presence both domestically and internationally.
Average Trading Volume: 408,359,051
Technical Sentiment Signal: Buy
Current Market Cap: HK$2022.8B
For an in-depth examination of 0939 stock, go to TipRanks’ Overview page.